London Tag

London-based venture capital (VC) firm Mosaic Ventures has today announced the close of its second fund, Mosaic II, at $150m (£115m) for startups across the capital and beyond.
Intending to cut cheques at series A-stage for between $3m and $7m, Mosaic Ventures has previously backed the

While British politicians squabble about Brexit, one group seems immune to the uncertainty hanging over the country: the new generation of financial technology companies that have sprung up in the past decade to challenge traditional banks.
The buoyant mood in the UK’s fintech industry was emphasised

Financial technology startup Quantexa has raised an additional $20m (£15.2 million) in Series B funding led by Dawn Capital.
The scaleup, which closed a $3.3m Series A in March 2017, also drew support from existing backers Albion Ventures and HSBC.
Set up in March 2016, Quantexa leverages

Brexit was meant to be a crippling blow to London’s position as the financial capital of Europe. With eight months to go before the U.K. is set to leave the European Union, the British capital’s role remains mostly undiminished, and no single other European city

UK Government Digital Secretary Matt Hancock has been busy this past month, developing new initiatives which are sure to benefit the financial technology in the fintech hub that is the city of London.
This week, the London Office for Rapid Cyber security Advancement (LORCA) opened its

Does London have to transform to maintain its success as an international business hub?
Brad Goodall, an entrepreneur, says YES.
Monique Melis, managing director and global head of regulatory consulting at Duff & Phelps, says NO.
Read the full debate here.

Singapore's Intellectual Property Office is to speed up the time taken to patent new fintech inventions in an effort to help startups bring their applications to the market more rapidly.
Under the new FinTech Fast Track programme, patents can be expected to be granted in as

In the fast-moving world of FinTech, announcements are made daily about this new universe, not least the cities and countries that are trying to position themselves as FinTech hubs.
Currently, London and Singapore are probably the two territories that are scrambling to be FinTech Royalty, not

The head of Britain’s banking lobby group has described France’s campaign to win business from London as highly political and has claimed that French negotiators are refusing to accept that issues such as legality of contracts pose a serious risk to the financial system after

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, has become a founding partner of FinTech Scotland, a newly-established company tasked with promoting Scotland as a global fintech hub. Avaloq has had a significant presence in Scotland since 2012, with